Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
WOOD MAGIC from Haaltert, company number BE0822207137, closed financial year 2025 with a result of € -10,460 after tax. For that financial year WOOD MAGIC recorded a gross margin of € 1,742 and equity of € 123,816. Compared with financial year 2024, the result moved from € -4,892 to € -10,460. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 123,816
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,460
▼ 114 % more loss than in 2024
Profit after tax over the fiscal year.
€ 57,118
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 111,416.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,505
▼ 76% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,484
▲ 190% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,675
▲ 47% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 62,434 | € 44,354 | € -379 | € 1,742 | ▲ € 2,121 |
| Profit after taxes | € 33,670 | € 15,755 | € -4,892 | € -10,460 | ▼ € 5,567 |
| Equity | € 130,694 | € 146,449 | € 141,557 | € 123,816 | ▼ 13% |
| Total debts | € 30,016 | € 8,424 | € 2,678 | € 5,159 | ▲ 93% |
| Cash | € 83,493 | € 75,166 | € 77,620 | € 57,118 | ▼ 26% |
| Land & buildings | - | € 2,324 | € 1,426 | € 636 | ▼ 55% |
| Retained profit | € 118,294 | € 134,049 | € 129,157 | € 111,416 | ▼ 14% |
| Dividend | € 0 | € 0 | € 0 | € 7,281 | |
| Bank debt | € 10,335 | € 2,683 | € 0 | € 0 | |
| Balance sheet total | € 160,710 | € 154,874 | € 144,235 | € 128,976 | ▼ 11% |
Key figures of WOOD MAGIC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WOOD MAGIC?
What happened at WOOD MAGIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,460. Source: NBB ↗
- New establishment in Haaltert. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,670 profit in 2022 to € 10,460 loss in 2025.
Paid € 31,000 in corporate taxes since 2022.
Best year ever: 2022, with € 33,670 profit.
Paid out € 7,281 in dividends to the owners in total.
Management
Behind WOOD MAGIC is Kristof De Smet. Kristof De Smet is also behind PANNY-INVEST.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Beekstraat(KE) 45
9451 Haaltert
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0822.207.137
- VAT number
- BE 0822.207.137
- Registered office
- Beekstraat(KE) 45, 9451 Haaltert
- Names & denominations
- WOOD MAGIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2010
- Peppol
- Active · Active since 22 Apr 2026
- Activities · NACE
Schrijnwerk
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